Population Aging and International Capital Flows

Martin Flodén and David Domeij

No 490, 2004 Meeting Papers from Society for Economic Dynamics

Abstract: We use the neoclassical growth framework to model international capital flows in a world with exogenous demographic change. We compare model implications and actual current account data and find that the model explains a small but significant fraction of capital flows between OECD countries, in particular after 1985

Keywords: current account; international capital mobility; demographics; Feldstein-Horioka puzzle (search for similar items in EconPapers)
JEL-codes: E22 F21 F41 F47 (search for similar items in EconPapers)
Date: 2004
New Economics Papers: this item is included in nep-dge
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Related works:
Journal Article: POPULATION AGING AND INTERNATIONAL CAPITAL FLOWS (2006)
Working Paper: Population Ageing and International Capital Flows (2004)
Working Paper: Population Aging and International Capital Flows (2004)
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Persistent link: https://EconPapers.repec.org/RePEc:red:sed004:490

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